When Your Refrigerator Needs a Credit Card: How the Internet of Things Will Change Payments

Technology has already brought people the ability to shop from their homes, but soon it will bring devices in their homes the ability to shop and pay. Connected devices in the new category dubbed the “Internet of Things” are designed to make life simpler for people by automatically ordering things that they need or automatically paying bills. In the so-called Internet of Things, devices can be connected to networks to help people manage their daily lives.